5000 Newton Avenue S, Minneapolis, MN 55419

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Listed By

Agency Name: RE/MAX Results
Agency Phone: 952-475-8000

Shown By

Agent Name: Brent Bartel, Broker
Agent Phone: (651) 461-3001
Agency Title: Counselor Realty

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Property Description

Great investment opportunity or ideal owner-occupied property. This well-maintained up/down duplex sits on a prime corner lot at 50th & Newton and is move-in ready. Rent as-is or add updates to build equity and maximize rental potential. Property priced according to condition and the area can support major upgrades/updates.The corner location fills both units with abundant natural light and is walkable to parks, the beach, restaurants and shops. Each unit is in great condition and features hardwood floors, two bedrooms, one bath, wood-burning fireplaces, built-in buffets, 1 stall in the garage and charming original details throughout. Cute, clean, and easy to rent - a solid addition to any portfolio. Both units are vacant, easy to tour and a quick closing is preferred.

5000 Newton Avenue S | MLS# 7014940

This multi-family property located at 5000 Newton Avenue S, Minneapolis, MN 55419 is currently listed for sale with an asking price of $549,900. Newton Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.thebartelgroup.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block, Full, Shared Access, Storage/Locker, Storage Space, Unfinished
Basement: Yes
Garage: 2
Heating: Boiler, Hot Water
Lot Size: 0.12 Acres
Roof Type: Age Over 8 Years, Asphalt, Pitched
Taxes: $10,452
Year Built: 1924

Feature Descriptions

Days on Site: 25
Exterior: Block
Foundation Size: 1276
Lot Dimensions: 40x130
Owners Expense: Insurance, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 1602824320030
Parking: Detached Garage, Concrete, Garage Door Opener, No Int Access to Dwelling, More Parking Onsite for Fee
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity, Gas
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 3,958.19 per month $2,926.80 Principal & Interest $871.00 Property Tax $160.39 Homeowner's Insurance

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